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Related Keywords: City Export Processing and Industrial Zone Authority, Esquel Garment Manufacturing, FDI investment, Nam Phuong Textile Company, Vietnam Southern key economic zone

Ho Chi Minh City, provinces of Binh Duong and Dong Nai in the Southern Key Economic Zone of Vietnam managed to attract Foreign Direct investment beyond expectations, fulfilling and exceeding its 2014 plans.

In Ho Chi Minh City, FDI capital hit US$1.45 billion in the first nine months, up 6.9 percent over the same period last year.

HCMC People’s Committee said that the city will continue improving investment environment and prepare land fund for foreign enterprises to invest in the support industry.

Related Keywords: AEPC, Bangladeshi mills, Europe, global safety norms, Indian garment export, Indian textile industry, Indian textile ministry, Soaring costs in China

India garment exports due to steady flow of orders from Europe and a weaker rupee witnessed a jump of 23% in August to $1.38billion. With a robust growth in August, exports in the April-August period hit $7.07 billion, up 18% y-o-y, according to the Apparel Exports Promotion Council (AEPC) data.

Having slipped nearly 6% in the last fiscal and witnessing a drop in 10 of the 12 months of 2012-13, garment exports started picking up since March last year as the domestic currency continued a downward journey and demand from the US started picking up due to an economic recovery.

Related Keywords: Better Cotton Standard System, eco-benefits, farmers, global production, H&M and C&A, orgainic produce, organic cotton, organic cotton trade revolution, standard cotton, synthetic agricultural chemicals, Textile Exchange

Organic cotton that can be manufactured to the same texture and quality as standard cotton is grown without the use of any synthetic agricultural chemicals such as fertilizers or pesticides, avoids a significant drain on water supply and soil, and increases the overall well-being of farmers and pickers. Although, the eco-benefits are clear the cotton industry is still facing a struggle to increase its global production of organic produce.

Related Keywords: African designers, Compagnie Mauricienne de Textile, domestic textile industry, fashion hub, invest in technology, Mauritian garment and textile industry, Tianli Spinning

Mauritian garment and textiles industry leaders have started dreaming big and seeking to make the country into a marketing centre and fashion hub. While the domestic textiles industry has been declining, many of Mauritius's largest companies are continuing to grow due to vertical integration that allows them to control value chains.

They have been investing in technology and training, moving to higher-end production and shifting manufacturing operations to cheaper destinations as there is a lot of manpower in Africa.

Related Keywords: Chinese textile company, Massod Textile Mills, Shandong Ruyi, Share Purchase Agreement, vertically integrated textile company

A group of investors led by a Chinese company Shandong Ruyi Science and Technology Group, who were to acquire Masood Textile Mills Faisalabad-based, vertically-integrated textile manufacturing company with in-house yarn, knitting, fabric dyeing, processing, laundry and apparel manufacturing facilities has withdrawn the public announcement of its intention to acquire up to 52% shares of Masood Textile Mills.

Related Keywords: Bangladesh garment industry, Dhaka, duty free access, Indian man-made textile, Indian textile market, Indian traders, Miza Azam, State minister for textile and Jute, trade deficit

Bangladesh garment industry although has duty-free access to the Indian market, it is unable to gain benefit from the facility due to non-tariff charges, said state minister for Textile and Jute Miza Azam after inaugurating a two-day Indian man-made textiles exhibition in the city.

Bangladesh has been suffering from inveterate trade deficit with India for decades and need to address the trade imbalance issue in a win-win situation.

Related Keywords: Aditya Birla Group, fabric industry, golden fibre, Grasim Industries Limited, Grasim suiting, jute fabric line, mens lifestyle brand, new blended Jute Fabric range, stylish and innovative, wardrobe solution

Grasim Suiting men’s lifestyle brand, a subsidiary of Grasim Industries Limited and a part of the Aditya Birla Group is one of the dominant players in the ready-to-stitch over the counter fabric industry. With the onset of festival season, Grasim is out with stylish and innovative wardrobe solutions with the new blended Jute Fabric Range.

Related Keywords: 11 places in UP, ailing state owned textile firm, British India Corporation Ltd, Chief Minister Akhilesh Yadav, generate revenue, National Textile Corporation, Pashmina Promotion scheme, plan to nurture, Textile Minister

The government has decided not to sell the loss making National Textile Corporation (NTC) but instead plans to nurture the ailing state-owned textiles firm back to health by disposing of its land worth Rs 1,750 crore in Uttar Pradesh. Textile Minister Santosh Gangwar at the conference said that they are committed to not sell National Textile Corporation.

NTC has 11 places in UP and British India Corporation Ltd (BICL) has 35. The matter has been pending since last 15 years and the government has already wasted Rs 500 crore.

Related Keywords: ARTFED park, Assam handloom and textile sector, dying and producing finished product, employment opportunity, Integrated textile park, National scheme for integrated textile parks, silk testing laboratory, weaving

Assam would soon have an integrated textile park at Naharkatia in Dibrugarh district which will boost its handloom and textile sector. The ARTFED park will be set up under a National Scheme for Integrated Textile Parks, launched in 2005. The park would create nearly 2,800 direct and 4,200 indirect employment opportunities.

The textile park would be set up on 268 bighas of land of Chankharu Pather which will involve investment to the tune of Rs 49.17 crore. While the 90 percent cost would be borne by the Union Government, the land has been allotted by the State government.

Related Keywords: cotton and apparel export, export order, global economic growth, higher wages, Indian textile and apparel industry, internationa buyers, larger domestic cotton supplies, political instability, stronger global demand, textile merchants

With Indian textile merchants keen to exploit rising demand stemming from weak cotton prices and global economic growth, India's cotton and apparel exports is set to climb by around 10 percent this year. Moreover, higher wages, political instability and concerns about workplace conditions in other producing market are pushing international buyers toward Indian exporters.

India’s textile exporters feel the relatively low labour costs in their country, alongside record domestic cotton production this year, should help them gain market share from other exporters in the region.